EX-12 2 c59471exv12.htm EX-12 exv12
EXHIBIT 12
 
TENNECO INC. AND CONSOLIDATED SUBSIDIARIES
COMBINED WITH 50% OR LESS OWNED UNCONSOLIDATED SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
 
                 
    Six Months
 		 
    Ended
 		 
    June 30,  
    2010     2009  
    (Dollars in Millions)  
 
Net income (loss) attributable to Tenneco Inc. 
  $ 47     $ (82 )
Add:
               
Interest expense
    64       66  
Portion of rentals representative of the interest factor
    7       7  
Income tax expense and other taxes on income
    30       14  
Noncontrolling interest
    11       6  
Amortization of interest capitalized
    2       2  
Undistributed (earnings) losses of affiliated companies in which less than a 50% voting interest is owned
    —       2  
                 
Earnings as defined
  $ 161     $ 15  
                 
Interest expense
  $ 64     $ 66  
Interest capitalized
    2       2  
Portion of rentals representative of the interest factor
    7       7  
                 
Fixed charges as defined
  $ 73     $ 75  
                 
Ratio of earnings to fixed charges
    2.21       0.20  
                 
 
NOTE: Earnings were inadequate to cover fixed charges by $60 million for the six months ended June 30, 2009.